CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2025 (IN THOUSANDS) Efficiency Nova Scotia (Note 3) emand-Side Nanagement Fund Provincial Fund Othe er Business Fund 2025 2024 OTHER PROGRAM AND ADMINISTRATIVE COSTS 44,2...
AI summary The document presents a consolidated statement of operations for the year ended December 31, 2025, detailing various program and administrative costs, including amortization, bad debts, information technology, marketing, meetings and travel, office and insurance, professional fees, rent, salaries and benefits, and training and development. It also includes evaluation and verification costs for the years 2025 and 2024.
2025 2024 Investment distributions $ 659 $ 729 Realized gain on sale of investments 1,229 84 Investment management fees (92) (76) Change in fair market value (589) 862 Total investment income 1,207 1,599 Stabilization allocation (i) (892)...
AI summary The document presents a comparison of investment-related financial figures for 2025 and 2024, including investment distributions, realized gains, management fees, and fair market value changes. The Stabilization allocation is described as a reserve used to fund eligible expenses when annual investment proceeds fall below expectations.
The costs reported in the Consolidated Statement of Operations, include direct costs of the programs which are comprised of, but not limited to, customer payments, program support costs, and other program and administrative costs directly...
AI summary The document outlines the direct and non-direct costs incurred by the Corporation in 2025 for various programs, including DSM, PNS, and Other Business. Direct costs totaled $239,167, with specific allocations to each program. Non-direct costs amounted to $32,570 and are allocated based on FTE and Direct Costs as per the ENSC Cost Allocation Methodology Report, which is subject to review by the Nova Scotia Energy Board.